One Major Problem with NIL

I agree especially since so many of these deals are from collectives, people should have a right to know how their money is being spent.

However, if the portal issues were fixed the NIL problems would be lessened. The portal exacerbates the NIL criticisms.

 

With year to year scholarships, it makes it tough to argue against the portal, as much of a mess as it is.

 

3rd party private contracts. Nothing between them that says they have to be public.

Do you know what Saban is being paid to promote AFLAC? Same thing, both are NIL deals.

 

No they don't. They are not buying into the collective as an investor, they are a customer buying a subscription service.

 

To the OP: you have the cart before the horse. All we have now is a bunch, and I mean a WHOLE lot of bunch, of stupid and rich folks who are excessively passionate about football teams. And Bama has taught them that they CAN be players if you "do it right." Now the NIL has made it "legitimate" for everyone. I say the freedom to try, not the right to meet their goals. That takes WAY more than money.

The next step in evolution is for the folks who bought "the miracle hair growing elixer" to wait for the results. And then, when they are as bald today as they were last year, they have a choice: they can get smarter or they can continue to buy the "new and improved miracle hair growing elixer". And then they can either FINALLY get smarter or they go broke. And in football, that can mean both broke financially as well as morally.

Once there is enough vetting, the next step is to cut players because they did not meet your team's needs, regardless of how nice they are. It is a BUSINESS and not there for nurturing some idealistic college kids. And if the money balances with the demand, the contracts will be "structured". But until it goes to full maturity, the players will get unionized to get representation. THEN you will see what every contract entails.

I hope this clarifies where we are today instead of where you want us to be.

 

it can’t be regulated in any way so, even knowing what it says won’t do any good

 

Hopefully they are going to end up putting all these kids under contracts

 

I think the time is here to make the normal scholarship benefit’s taxable. If the athlete is earning NIL it is only possible if they are participating in college athletics. No academic scholarship students are getting NIL for their contributions to a university

 

So if it's a subscription service, can one get their money back if not satisfied with it? I know with other subscriptions you can do that.

 

read the fine print

 

It honestly sounds more like an investment. There are risks you may not see a ROI and your money may be wasted. Hard to describe something as a service when your not getting anything in return.

 

Also something interesting to me smd maybe you can clear it up..... or confuse me even more. On that tweet you posted about Harrison Jr. Reportedly getting 20-25 mil NIL deals that would compete with a top 5 draft picks compensation, thatvarticle also said that number doesn't include any endorsement deals he may get which could put him up to 30 mil.a year. Are NIL deals not endorsement deals? Are they not using their name , image and likeness to promote something? Odd they speak of it as it's something different all together.

 

It all depends how the collective is set up. But it is not an investment. You don't get a say where the money goes or how it is used. You give money and in return you get invited to donor only events or donor first podcasts and interviews.
The non profit collectives, sign the players and lend them out to other non profits.

 

Still doesn't sound like a subscription service to me. Sounds like risky money, we should just call it gambling tbh.

 

I will try to confuse you more

The wording threw me as well. This is just my opinion, I have no facts. The NIL could be him being paid by a collective to do things for them. Endorsements could be coming from other 3rd parties.

Ex. Collective buys Harrison's NIL and deals him to another non profit.

#rd party Nike signs him to a shoe commercial.

 

Talk to the USSC. Right now, according to the highest law in the land, all of this is legal and will remain legal.

 

Just think of the collectives as financial institutions whose purpose is to fund the payment of college athletes. Like a bank or insurance company. Because that's what they are. UAA still handles things like coaches salaries, stadiums, etc. Key will be booster fatigue and whether they can be replaced by jock sniffers. My hope is the boosters start bailing and there aren't enough jock sniffers to keep the roof from crashing in and the money from just drying up.

In a perfect world, NCAA just jacks up academic standards for athletes and you literally force the NFL to create a minor league or watch all the talent rot on the streets.

 

NIL is supposedly the 3rd party, and he is already being supposedly being paid for his Name, image, likeness. Let's stop kidding ourselves and callmotnwhatbit truly is since that article basically does. It's pay for play, because if not why be toed to a particular school for NIL? Just as Nike gets endorsements from players all over and continues even when they switch teams why would "NIL" be any different? And also they stated he could make another 5 million in endorsements tongonalong with the 20-25 mil in NIL. You mean to tell me making 8 appearances at a local car lot or grocery store is worth 5 times more than an "actual" endorsement deal that would be potentially nationally seen?

I remember when they did this NIL thing many of us were saying this would only affect the top rated players in the nation because many kids don't have the notoriety to demand such money to make "an appearance" worth it. Obviously we were wrong and it'd because it was NEVER a NIL situation. How many real NIL deals have you seen come to fruition where these kids are making meaningful appearances, fulfilling their obligations of loaning their name, image and likeness out? The last couple years I remember a couple were mentioned, like Honcho pancakes, and that A/C ad where that kid with the last name "Decold" or whatever but i think its time to peel the sheep's clothing back and reveal the wolf of all this mess.

 

Both the NIL and transfer portal need to be regulated by the federal government as much as I dislike the government. Agents, big donors and coaches presently run college football and they are ruining the sport completely.